Aristes of reciatation organisation Prakash perform at the programme. — Snigdha Zaman.

A file photo shows a bird’s eye view of Kamalapur Inland Container Depot in Dhaka. The financial year 2012–2013 begins today with all indicators of macro-economy nosediving in the just concluded financial year because of the below par performance of the government. — New Age photo

A partial view of the Olympic stadium in Kiev where the Euro 2012 football championships final between Spain and Italy will take place today. The picture was taken on Friday— AFP Photo

People and vehicles move through dilapidated Medical College Road in the Sylhet city when renovation of most city roads fails deadlines. — New Age photo

A woman, holding a boy and a sack, wades through flood water at Singrai of Phulchhari in Gaibandha on Saturday. Flooding worsened in the area, intensifying people’s sufferings. — Focusbangla photo

The prime minister, Sheikh Hasina, inaugurates the railway route between the Bangabandhu Bridge and Tarakandi in Jamalpur on Saturday.— Focusbangla photo

A file photo shows investors demonstrating in front of the Dhaka Stock Exchange in protest against share market volatility. The DSE general index lost 25 per cent, or 1,545 points, in the last financial year that ended Saturday. — New Age photo

The BNP chairperson, Khaleda Zia, hands in relief goods to a woman at Pahartali Girls’ High School in Chittagong on Saturday. — New Age photo

Giant posters announcing the Euro 2012 football championships final match between Spain and Italy are pictured in front of the Olympic Stadium in Kiev on the eve of the game on Saturday. — AFP photo

LATEST

MAIN NEWS

WB cancels Padma Bridge funding

World Bank has finally cancelled the $1.2 billion loan for the Padma Multipurpose Bridge project over allegations of corruption dealing a blow to the country’s biggest infrastructure project. Full story

Flooding worsens in north

Flooding in the north worsened with several hundred villages being inundated, marooning tens of thousands of people whilst flooding in the north-east improved slightly. The Flood Forecasting and Warning Centre said the flood situation in the north-east... Full story

BNP gave nation dead bodies, militants: Hasina

The prime minister, Sheikh Hasina, has alleged that carrying out killings, conspiracies and indulging in corruption are the characters of the BNP, and it can only present ‘dead bodies’ whenever it comes to power. ‘The BNP had gifted the nation bodies... Full story

Corrupt govt can’t implement PMB project: Khaleda

The Bangladesh Nationalist Party chairperson, Khaleda Zia, on Saturday said corruption of the prime minister, her family and the government had forced the World Bank to cancel funding for the Padma Bridge project. ‘The prime minister and her family... Full story

NATIONAL

WB loan cancellation regrettable: TIB

The World Bank’s cancellation of the $1.2 billion credit as part of the $2.9 billion Padma bridge project is deeply regrettable, embarrassing and disappointing, Transparency International Bangladesh said on Saturday. Full story

Attack ‘by AL men’ for toll halts construction work

METRO

Road renovations in Sylhet city fail deadlines

The Sylhet City Corporation could not complete the ongoing project to expand and reconstruct eight main roads in the city within the stipulated time of the past fiscal year because of fund crisis. The unfinished roads are causing serious sufferings to the city people... Full story

CCC starts re-excavation of Chaktai Khal

BUSINESS

New FY begins with nosediving economic indicators

The financial year 2012–2013 begins today with all indicators of macro-economy nosediving in the just concluded financial year because of the below par performance of the government. Economists said that the government would need to face some major... Full story

Economy faces BoP disequilibrium: UO

INTERNATIONAL

Syrian forces push into Douma, residents flee

Syrian government forces pushed their way into Douma on Saturday after weeks of siege and shelling and fleeing residents spoke of corpses in the streets of the town near the capital Damascus. Full story

Nepali Congress steps up efforts to oust PM

SPORTS

Europe’s aristocrats clash in tasty finale

Soccer’s aristocrats will compete for the continent’s crown on Sunday when Spain seek to extend their domination of Europe against a revitalised Italy who threaten to end their reign. Between them Spain and Italy have produced 25 European champions... Full story

Federer restores order after epic fightback

EDITORIAL

A matter of serious concern

The collapse of a giant concrete girder of an under-construction flyover... Full story

Power supply should not be dependent on weather

TIMEOUT

Rudra’s poems on rain recited

It was a rainy evening following by a weeklong hot and humid weather on Friday in the capital. The cloudy evening appeared even more romantic to the audience, who enjoyed poet Rudra Muhammad Shahidullah’s passionate poems on rain at the... Full story

Local, Indian singers perform at IGCC

LETTERS

‘The evil of humanitarian wars’

I AM writing with reference to ‘The evil of humanitarian wars’ by Jonathan Cook (New Age, June 29). Cook seems to have missed the point that after two largely failed military interventions in Afghanistan and Iraq... Full story